MBK can drive your car – maybe
An MBK Partners-led consortium may be on the point of picking up a highly attractive car leasing business from Korean chaebol Kumho Asiana Group, in a perhaps unlikely alliance with the country’s second largest mobile carrier, Korea Telecom (KT).
Kumho, Korea’s seventh largest chaebol, with automotive, manufacturing, leisure, logistics, chemical and airline subsidiaries, has been forced to shed assets to reduce the KRW600 billion ($519 million)...
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